President Muhammadu on Thursday invited Japanese investors to a number of sectors in Nigeria, during a plenary session at the ongoing seventh edition of the Tokyo International Conference for African Development (TICAD 7). He also said he looks forward to positive reports of increased trade and investment between Nigeria and Japan.

“The TICAD forum is important to Nigeria in many aspects. First, it coincides with a period when the country is faced with a number of challenges that affect our economy,” Buhari said, adding that the Nigerian government has put in place measures seeking to diversify the economy by developing agriculture, emphasizing on manufacturing, and addressing the energy and infrastructure deficit. “These, we believe, shall be placing Nigeria on the path of rapid growth and sustainable development,” he said.

Secondly, Buhari said, “The forum is coming at a time when our government is implementing homegrown and private sector-driven economic measures that hinge on good governance, infrastructure, and human capital development, as well as business climate reform.

We therefore invite the private sector to come and invest in Nigeria.” Buhari said: “Thirdly, the forum is holding at an opportune moment, as it is a case of investment meeting opportunities. Nigeria has many attractive investment opportunities, with some of the highest returns on investment. In light of the foregoing, Nigeria and indeed Africa, expect much from this forum in terms of investment, considering the role of foreign direct investment in all economies, developed and developing.”

President Buhari said his administration has identified important sectors that are key drivers to the diversification of Nigeria’s economy. “These include power, transportation, infrastructure, maritime shipping, agro-processing, mining, manufacturing, petrochemicals, food processing, and textiles, among others.

We consider these areas as priority areas, that will drive our economic agenda,” he said, adding that he has also established a presidential committee on enabling business environment, which is made up of key ministries and prominent businessmen to promote the ease of doing business and making Nigeria more attractive and competitive for investment. “In this regard,” Buhari said, “We are committed to removing all impediments to private sector participation in these sectors, by creating policies that will ensure consistency, predictability, and a level playing field for all.”

Rounding up his presentation, President Buhari said in view of the ongoing reform programme of his government, Japanese investors are invited to invest in the following private sectors in Nigeria, namely power and renewable energy, petrochemicals and gas, maritime shipping and ports, automobiles, mining, agribusiness, healthcare and pharmaceuticals, ICT, and railway.

TICAD 7 kicked off yesterday, August 28, at the Pacifico Yokohama, in Yokohama, Japan. The 3-day summit has in attendance over 20 African leaders, with a number of ongoing bilateral talks between the various countries and the government of Japan.

Read more: https://www.dailytrust.com.ng/buhari-invites-japanese-investors-in-power-manufacturing-healthcare-other-sectors.html

These are the same old stories we have been hearing from the time of Obasanjo.
What a country we are in.

9ja my country

Same story from. Same people for more than how many years..

Let's invest in ourselves first nii

Beggarly president with beggarly mentality. I wonder if he feels these countries will assist Nigeria free of charge. He's only good at collecting loans and mortgaging our future with nothing to show for it

He should learn to look inwards because the solution to Nigeria's problems is within reach. Create an enabling environment for Nigerians both in the diaspora and within to thrive. Only then will you harness Nigeria's greatest resource - it's people.

We have thousands of Dangotes, Elumelus and
Adesinas trapped in the shadows of this oppressive and rudderless government. How can you trust a president who delegates his duties to his Chief of staff while he travels about site seeing ?

Not a bad move

Even though it's a purging news to some people

After the televised IPOB protests, Japan will be regarding Nigeria as a leprous country.

Lolzzzzzzzzzzzz,